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The Pinehurst traffic circle will continue to be closed each night through Thursday while road resurfacing work is underway. The project is part of a $2.86 million contract state transportation (DOT) officials awarded the Fred Smith Company of Raleigh earlier this year.
Repaving work is also scheduled along parts of U.S. 1 and U.S. 15-501 and eight sections of secondary roads in Moore County, with all work slated for completion by June 2022.
Brandon Jones, N.C. Department of Transportation (DOT) Division 5 engineer, said the resurfacing projects have no effect on the timelines for other major road projects that have been postponed to accommodate the 2024 U.S. Open in Pinehurst.
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It could be the start of a trend: State Treasurer Dale Folwell now warns that a growing number of North Carolina towns are at risk of insolvency.
To date, a half-dozen other small rural N.C. towns have had their financial operations taken over by the Local Government Commission due to a lack of fiscal controls.
“These aren’t revolutions; these are evolutions. These are patterns and trends that have been evolving for, in some cases, 20 years and they’re just now coming to a head,” said Folwell, who chairs the Local Government Commission as part of his role.
The Local Government Commission is made up of nine members, including the treasurer, state auditor, secretary of state, secretary of revenue. The other five members are appointed by the governor or General Assembly.
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